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The de minimis rate is a federal standard allowing nonprofits to recover indirect costs that support their core operations, such as administrative expenses, rent, utilities, and technology. This rate applies to federal grants and provides a portion of funding for necessary, but indirect operational expenses, that are critical for organizational stability and growth.
(Photo By Deposit Photos) By Marnie Webb From the frontlines of disaster relief to the forefront of technological innovation, civil society organizations are navigating a rapidly changing landscape. As traditional funding models shift and societal needs evolve, nonprofits are being called upon to adapt and innovate to create lasting change. We work each day to serve more people while combating interrelated threats to democracy and the well-being of both our communities and our planet.
(Photo From Deposit Photos) Leaders at nonprofit organizations struggle to adopt technology in meaningful ways, and this can be due to many factors. Cost is a big one. But research ([link] tells us the training, configuration, and resources necessary to ensure products can be used in a nonprofit environment also serve as persistent hurdles in this arena.
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Image credit: Getty Images for Unsplash During Joe Bidens presidency, environmental justicethat is, policy that directly counters environmental racism and benefits communities of color and the least well-offhas gained unprecedented prominence. But will low-income communities and communities of color actually benefit from federal investments?The sense of funding uncertainty is palpable.
If you work in the nonprofit space, youve probably run across this term nonprofit killer over the last several weeks in regard to the swirling sector concerns over H.R. 9495, the Stop Terror-Financing and Tax Penalties on American Hostages Act. While phrasing as charged as nonprofit killer is the sort of alarmism we at Nonprofit VOTE prefer to avoid, the existential threat of a bill like H.R. 9495 to the nonprofit sector simply cannot be overstated.
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